Arch Capital Group Ltd. (NASDAQ:ACGL) Stock Holdings Increased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 161,150 shares of the insurance provider’s stock after buying an additional 4,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Arch Capital Group were worth $14,882,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Arch Capital Group in the 3rd quarter worth about $25,000. Ashton Thomas Securities LLC acquired a new position in shares of Arch Capital Group in the third quarter worth about $50,000. Golden State Wealth Management LLC purchased a new position in shares of Arch Capital Group in the fourth quarter worth approximately $42,000. Y.D. More Investments Ltd increased its position in shares of Arch Capital Group by 125.6% in the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 260 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Arch Capital Group by 97.0% during the fourth quarter. UMB Bank n.a. now owns 841 shares of the insurance provider’s stock valued at $78,000 after acquiring an additional 414 shares during the period. 89.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ACGL shares. Morgan Stanley decreased their price objective on shares of Arch Capital Group from $115.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. UBS Group decreased their target price on Arch Capital Group from $131.00 to $127.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Bank of America dropped their price target on Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. BMO Capital Markets raised their price objective on Arch Capital Group from $98.00 to $104.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 6th. Finally, Barclays dropped their target price on Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.19.

Arch Capital Group Price Performance

NASDAQ ACGL opened at $88.13 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $33.16 billion, a PE ratio of 7.87, a price-to-earnings-growth ratio of 2.34 and a beta of 0.64. Arch Capital Group Ltd. has a 12-month low of $84.00 and a 12-month high of $116.47. The company has a 50 day moving average price of $91.96 and a two-hundred day moving average price of $100.68.

Arch Capital Group (NASDAQ:ACGL) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.36. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. During the same period last year, the firm posted $2.45 earnings per share. As a group, equities analysts predict that Arch Capital Group Ltd. will post 8.42 earnings per share for the current fiscal year.

Arch Capital Group Company Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.